Auto Loan Interest Rates

Fitch Rates Volkswagen Auto Loan Enhanced Trust 2012-1

Fitch Ratings assigns the following ratings to Volkswagen Auto Loan Enhanced Trust 2012-1:

Borrowers' Delight: Consumer Loan Rates to Stay Low

The Fed extended "easy-money" into 2014 -- a move beloved by some, loathed by others.

Auto funding not getting cheaper this year

Auto financing companies are unlikely to cut their interest rates this year, despite the trend in the policy rate. The interest rate charged by auto hire-purchase businesses is currently in a range of 2.3 to 2.5 per cent, which is expected to be maintained throughout the year, Isara Wongrung, chief executive officer of Kasikorn Leasing, said yesterday.

Borrowers' delight: loan rates to droop

The decision last week by the Federal Open Market Committee to project low interest rates by an additional year into 2014 is groundbreaking, marking the first time the central bank has projected rate plans that far out.

Auto sales off to a strong start in 2012

Auto sales off to a strong start in 2012 By DEE-ANN DURBIN and TOM KRISHER The Associated Press Published Feb 2, 2012 12:19PM MDT Detroit • 2012 is already looking like a winner for automakers -- just one month into the year. U.S. sales of new cars and trucks rose 11 percent to 913,287 in January. New models, low interest rates and better loan availability helped buyers overcome lingering ...

CRR cut by RBI: No change in home, auto loan EMIs

There is no respite to home, auto and corporate loan borrowers in terms of their EMIs but with RBI reducing the CRR, banks will have more money to lend.

US auto sales rise in January, led by Chrysler, VW

U.S. auto sales are off to a strong start this year, continuing their brisk pace from late 2011.